TLB FY 2025 Annual Report
Beta

Filed: March 20, 2026· period ending December 31, 2025DART

TLB annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 20, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

TLB FY 2025 Annual Report Analysis

Business Overview

  • PCB business for memory semiconductors with 100% of KRW 258.5B sales in 2025, 79.2% export ratio
  • 2025 Q1 BVH process high value-added product sales share increased, strengthening market influence

Management Discussion & Analysis

  • Revenue KRW 258,498B (+43.6% YoY); Operating profit KRW 25,963B (+673.2% YoY); Net income KRW 18,953B (+426.8% YoY)
  • Growth driven by high value-added semiconductor substrates, OP improvement due to increased customer demand for high-layer semiconductor package substrates

Risk Factors

  • USD 10% exchange rate move → ±KRW 2,636.5B pre-tax impact on foreign currency assets and liabilities, up from ±KRW 1,277.7B prior year
  • KRW 97.7B financial liabilities due within 1 year, up from KRW 51.5B prior year, indicating a significant 89.6% increase in short-term debt obligations

TLB FY 2025 Key Financial Metrics
DART

Total Assets

KRW 246.3B

+30.7% YoY

Operating Cash Flow

KRW 8.2B

+74.2% YoY

CapEx

KRW 36.9B

+107.4% YoY

Source: KIFRS consolidated financial data from TLB annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding